$ADA /USDT BULLISH BREAKOUT IMMINENT:💥🔥
Key Levels:
- Current Price: $1.0787
- Support Levels: $1.0600, $1.0656
- Resistance Levels: $1.1000, $1.1200, $1.1400
Trade Setup:
Long Entry:
- Entry Point: $1.0800
- Take Profit (TP):
- TP1: $1.1000
- TP2: $1.1200
- TP3: $1.1400
- Stop Loss (SL): $1.0600
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust according to your risk tolerance, ideally risking no more than 2% of your trading capital on this trade.
Trade Summary:
We are looking for a long trade on $ADA/USDT due to a bullish breakout pattern forming on the 1-hour chart. The price has bounced off the support level at $1.0600 and is showing signs of upward momentum. With key resistance levels ahead, this setup offers a favorable risk/reward ratio. 📈💹
![ADA/USDT Chart